Under
this agreement, Jospong will distribute VinFast’s entire range of
vehicles, including electric cars, e-scooters, e-bikes, and electric
buses, throughout Ghana and West Africa. Jospong will also plan to
deploy public charging infrastructure across the country to support EV
penetration. This collaboration with one of West Africa's leading
conglomerates strengthens VinFast's commitment to delivering green and
smart transportation solutions to customers worldwide, while also
allowing the company to tap into the promising potential of the African
electric vehicle market.
Jospong
operates across 14 different sectors with a network of over 60
companies. The group has a strong presence in industries like
automobile, waste management, ICT, and banking.
In
addition to the announced distribution agreement, Vingroup, Vietnam's
leading private multi-industry conglomerate and parent company of
VinFast, has signed a Memorandum of Understanding (MoU) with Jospong.
Vingroup and Jospong will work together to identify and pursue business
opportunities in areas of mutual interest, including electric vehicles,
taxi operations, public transportation solutions, education,
hospitality, and real estate development.
Electric
vehicle market in Ghana and West Africa boasts significant development
potential due to ample room for growth and minimal competition. Fueled
by government support for achieving net-zero emissions in
transportation, demand is forecast to surge rapidly. Ghana envisions a
future by 2040 where a significant portion of gas stations will be
repurposed to serve sustainable transportation options, like electric
vehicles.
This
cooperation with Jospong presents a significant opportunity for
Vingroup and VinFast to rapidly solidify their position in the region's
electric vehicle market and establish themselves as leaders in the
broader sustainable transportation industry.
